Student Loan Debt
The federal Public Service Loan Forgiveness Program (PSLF) is an incentive for these graduates to consider taking jobs in public service areas.
The bills are stacking up faster than 15-month-old Noah can stack his favorite cups. “I’m $90,000 in debt from student loans,” says his mom, Kaitlin Smith. That enormous bill impacts nearly every decision the young couple makes.
Miamians are paying down their debt, albeit at the cost of their credit scores, a study by Credit Karma reveals.
As jobs have become scarce in South Florida, college became appealing. But students and recent graduates are struggling because of the crushing student debt incurred.